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Updated over 2 years ago,
Market Delinquency Rates
Hi,
I'm currently looking at a large multifamily deal in what is at most a C market. Right now the property is getting hammered on bad debt. Obviously some markets are going to be more prone to this than others but is there a way to check market delinquency rates? I want to know my chances of not having these issues if I get rid of the nonpaying tenants.
Thanks